Q2\2012 - JobsOhio

Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Economic Development Autotool Inc. Bare Escentuals Beauty, In
BrandMuscle, Inc. CADRE COMPUTER RESOURCES CO. CareSource Management Group Company City of Kent Closed Loop Refining & Recovery Corbus, LLC Delawa
Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fathom SEO, LLC Federal Supply Services International LLC Fo
Safety Net Services Garner Transportation Group, Inc H.B. Fuller Company Hadsell Chemical Processing LLC Halliburton Energy Services, Inc. Industry Products C
Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, Inc Latty Grain LayerZero Power Systems, Inc. Leysh
Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, Inc. Midmark Corporation Miller Precision Mfg. Industrie
Inc. Mold Masters Intl. Inc. Nestle Usa, Inc. Newell Rubbermaid OmniSource Corporation Oxford Consulting Group, Inc. Patented Acquisition Corporation Paycor, In
Pickaway Progress Partnership Plasticolors, Inc. Preformed Line Products PSA Airlines, Inc. R. K. Industries, Inc. RMI Titanium Company Rosenboom Schlumberg
Technology Corporation Skylight Financial Group SOFT-LITE LLC SPR Therapeutics, LLC Strauss Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporati
Technicote Westfield, Inc TH Plastics The E.W.Scripps Company The G&G Manufacturing Company The J. M. Smucker Company The National Colloid Company T
Rovisys Company Thogus Products Company Total Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria’s Secret Vox Mobile, LLC WEST TROY TOOL
MACHINE, INC. White Castle System, Inc. Zatkoff Seals and Packing Ada Technologies, Inc. Alexander Mann Solutions Corporation Allied Machine & Engineering Co
Allied Mineral Products, Inc. Ameriwood Industries, Inc. Apex Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Econom
Development Autotool Inc. Bare Escentuals Beauty, Inc. BrandMuscle, Inc. CADRE COMPUTER RESOURCES CO. CareSource Management Group Company City of Ke
Closed Loop Refining & Recovery Corbus, LLC Delaware Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fatho
SEO, LLC Federal Supply Services International LLC Food Safety Net Services Garner Transportation Group, Inc H.B. Fuller Company Hadsell Chemical Processing L
Halliburton Energy Services, Inc. Industry Products Co. Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, I
Latty Grain LayerZero Power Systems, Inc. Leyshon Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, In
Midmark Corporation Miller Precision Mfg. Industries, Inc. Mold Masters Intl. Inc. Nestle Usa, Inc. Newell Rubbermaid OmniSource Corporation Oxford Consulti
Group, Inc. Patented Acquisition Corporation Paycor, Inc. Pickaway Progress Partnership Plasticolors, Inc. Preformed Line Products PSA Airlines, Inc. R.
Industries, Inc. RMI Titanium Company Rosenboom Schlumberger Technology Corporation Skylight Financial Group SOFT-LITE LLC SPR Therapeutics, LLC Strau
Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporation Technicote Westfield, Inc TH Plastics The E.W.Scripps Company The G&G Manufacturing Company T
J. M. Smucker Company The National Colloid Company The Rovisys Company Thogus Products Company Total Quality Logistics, LLC Valtronic Technologies (USA) In
Victoria’s Secret Vox Mobile, LLC WEST TROY TOOL & MACHINE, INC. White Castle System, Inc. Zatkoff Seals and Packing Ada Technologies, Inc. Alexander Ma
Solutions Corporation Allied Machine & Engineering Corp Allied Mineral Products, Inc. Ameriwood Industries, Inc. Apex Industrial Technologies LLC Arminak
Associates, LLC Artiflex Manufacturing, LLC Ashland Economic Development Autotool Inc. Bare Escentuals Beauty, Inc. BrandMuscle, Inc. CADRE COMPUT
RESOURCES CO. CareSource Management Group Company City of Kent Closed Loop Refining & Recovery Corbus, LLC Delaware Art.com, Inc. Discover Financial Service
Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fathom SEO, LLC Federal Supply Services International LLC Food Safety Net Services Garner Transportati
Group, Inc H.B. Fuller Company Hadsell Chemical Processing LLC Halliburton Energy Services, Inc. Industry Products Co. Infra-Metals Co. Intelligent Mobile Suppo
Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, Inc Latty Grain LayerZero Power Systems, Inc. Leyshon Miller Industries, LLC Lincare Holdings, In
Long View Steel Corp. Maines Paper & Food Service - Cleveland, Inc. Midmark Corporation Miller Precision Mfg. Industries, Inc. Mold Masters Intl. Inc. Nestle Usa, In
Newell Rubbermaid OmniSource Corporation Oxford Consulting Group, Inc. Patented Acquisition Corporation Paycor, Inc. Pickaway Progress Partnership Plasticolor
Inc. Preformed Line Products PSA Airlines, Inc. R. K. Industries, Inc. RMI Titanium Company Rosenboom Schlumberger Technology Corporation Skylight Financi
Group SOFT-LITE LLC SPR Therapeutics, LLC Strauss Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporation Technicote Westfield, Inc TH Plastics T
E.W.Scripps Company The G&G Manufacturing Company The J. M. Smucker Company The National Colloid Company The Rovisys Company Thogus Products Compa
Total Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria’s Secret Vox Mobile, LLC WEST TROY TOOL & MACHINE, INC. White Castle System, Inc. Zatko
Seals and Packing Ada Technologies, Inc. Alexander Mann Solutions Corporation Allied Machine & Engineering Corp Allied Mineral Products, Inc. Ameriwood Industrie
Inc. Apex Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Economic Development Autotool Inc. Bare Escentuals Beaut
Inc. BrandMuscle, Inc. CADRE COMPUTER RESOURCES CO. CareSource Management Group Company City of Kent Closed Loop Refining & Recovery Corbus, LLC Delawa
Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fathom SEO, LLC Federal Supply Services International LLC Fo
Safety Net Services Garner Transportation Group, Inc H.B. Fuller Company Hadsell Chemical Processing LLC Halliburton Energy Services, Inc. Industry Products C
Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, Inc Latty Grain LayerZero Power Systems, Inc. Leysh
Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, Inc. Midmark Corporation Miller Precision Mfg. Industrie
Inc. Mold Masters Intl. Inc. Nestle Usa, Inc. Newell Rubbermaid OmniSource Corporation Oxford Consulting Group, Inc. Patented Acquisition Corporation Paycor, In
Pickaway Progress Partnership Plasticolors, Inc. Preformed Line Products PSA Airlines, Inc. R. K. Industries, Inc. RMI Titanium Company Rosenboom Schlumberg
Technology Corporation Skylight Financial Group SOFT-LITE LLC SPR Therapeutics, LLC Strauss Industries, Inc. Synapse Biomedical, Inc. Tarigma Corporati
Technicote Westfield, Inc TH Plastics The E.W.Scripps Company The G&G Manufacturing Company The J. M. Smucker Company The National Colloid Company T
Rovisys Company Thogus Products Company Total Quality Logistics, LLC Valtronic Technologies (USA) Inc. Victoria’s Secret Vox Mobile, LLC WEST TROY TOOL
MACHINE, INC. White Castle System, Inc. Zatkoff Seals and Packing Ada Technologies, Inc. Alexander Mann Solutions Corporation Allied Machine & Engineering Co
Allied Mineral Products, Inc. Ameriwood Industries, Inc. Apex Industrial Technologies LLC Arminak & Associates, LLC Artiflex Manufacturing, LLC Ashland Econom
2012,Beauty,
JobsOhio
and its statewide
partners
successfully
worked
with
Inc. BareQ2
Escentuals
Inc. BrandMuscle,
Inc. CADRE COMPUTER
RESOURCES
CO. CareSource
Management
Group Company City of Ke
Development AutotoolDuring
Closed Loop Refining & Recovery Corbus, LLC Delaware Art.com, Inc. Discover Financial Services, Inc. DM Tool & Plastics, Inc Empire Packing Company, L.P. Fatho
77 companies
thatFoodcommitted
to create
or retain 15,904
for Company
Ohioans.Hadsell Chemical Processing L
International LLC
Safety Net Services
Garner Transportation
Group, Inc jobs
H.B. Fuller
SEO, LLC Federal Supply Services
Halliburton Energy Services, Inc. Industry Products Co. Infra-Metals Co. Intelligent Mobile Support, Inc. JDI Opportunity, LLC JJR Solutions, LLC Johnson Controls, I
Latty Grain LayerZero Power Systems, Inc. Leyshon Miller Industries, LLC Lincare Holdings, Inc. Long View Steel Corp. Maines Paper & Food Service - Cleveland, In
Q2\2012
QUARTERLY REPORT
OHIO ECONOMIC OVERVIEW
Ohio’s Economic Climate Strong and Getting Stronger
Ohio is generating momentum with more than 111,000 jobs created since January 2011 and experiencing its lowest
unemployment rate since 2008. This momentum is supported by an improved economic climate, Governor Kasich
— a business-minded governor, and a new economic development strategy that is focused on delivering positive job
results throughout the state.
UNEMPLOYMENT — OHIO VS. NATIONAL AVERAGE
10.6%
11
9.8%
10
8
7
9.1%
Ohio
U.S.
9
9.7%
9.4%
8.2%
9.0%
7.2%
6.1%
6
5
4
5.3%
3
Jan
2005
Jan
2010
Nov Jan
2010 2011
June
2012
Since Jan. 2011, the improvement in Ohio’s unemployment rate (1.8 percentage points) is double the
U.S. improvement (0.9 percentage points).
TOP 4
IN JOB CREATION
over the past 12 months
ELEVEN
CONSECUTIVE MONTHS
of increased employment
UNEMPLOYMENT UPDATE
JANUARY 2011
JUNE 2011
JANUARY 2012
JUNE 2012
Unemployment
Rate by County
0 – 5%
5 – 8%
8 – 12%
12 – 15%
15 – 20%
9.0% Unemployment
+11,300 JOBS
8.9% Unemployment
+43,400 JOBS
7.7% Unemployment
Unemployment Decreased in
ALL 88 COUNTIES
+56,600 JOBS
7.2% Unemployment
111,300
JOBS CREATED
since January 2011
Source: U.S. Bureau of Labor Statistics
JOBSOHIO Q2 UPDATE
OHIO JOBS
INVESTMENTS GROW
IN Q2
JobsOhio focuses its economic development efforts on a diverse portfolio of
targeted industries and business functions that drive the state’s economy and
have the greatest impact on job creation. Projects announced in the second
quarter represent job creation and capital investment commitments to be
completed in the next three years.
With its state and regional partners, JobsOhio won 77 projects with commitments
to retain or create 15,904 jobs totaling more than $712 million in annual payroll.
These 77 projects represent a total capital investment of $863 million. The
state’s three-year return on investment (ROI) is estimated at $31 million.
Q2 2012 RESULTS
Total # of Projects
77
New Jobs (committed)
4,666
New Jobs Payroll (committed)
11,238
Retained Jobs Payroll (committed)
$507 million
Total Jobs (including retained)
15,904
Total Jobs Payroll (including retained)
Consultant
25
$712 million
Jobs at Risk (out of retained)
Retention &
Expansion
Contact
19
Direct from
Company
29
2,767
Capital Investment (committed)
$863 million
ROI Year 1 Total
$6 million
ROI Year 3 Total
$31 million
ROI Year 10 Total
$142 million
ROI Positive Year 3 (68 out of 77)
PROJECT COUNT
More than a third of the projects in Q2
were sourced directly from companies.
88%
Q2
2011
Q2
2012
First Half
2011
First Half
2012
61
77
119
147
New Jobs
(committed)
5,490
4,666
9,127
10,192
Total Jobs
(including retained)
16,136
15,904
30,824
33,235
Total Jobs Payroll
(including retained)
$1.0 B
$712 M
$1.8 B
$1.7 B
Capital Investment
(committed)
$697 M
$863 M
$1.6 B
$2.9 B
Total # of
Projects
Referral
4
$205 million
Retained Jobs (committed)
Quarter
(calendar year)
Q2 PROJECT COUNT
BY LEAD SOURCE
FIRST HALF 2012 PROJECT COUNT BY
INTERNATIONAL REGION OF ORIGIN
Middle East
1
Canada
1
Asia
5
South America
1
Europe
6
PROJECT COUNT
In the first half, 10% of the 147 projects
were from international origin.
JOBSOHIO Q2 UPDATE
Q2 Company Commitments Span Ohio’s Diverse Industries
KEY
Q2 NEW JOBS BY INDUSTRY
Advanced Manufacturing
Aerospace and Aviation
Automotive
Biohealth
Consumer Products
Energy
Financial Services
Food Processing
and Agribusiness
Information Technology
and Services
Polymers and Chemicals
535
Q2 CAPITAL INVESTMENT (IN MILLIONS)
648
$18
14
237
$20
$41
$137
$88
$1
$25
276
Total
325
4,666
834
$99
$37
Total
$863 M
$47
507
$350
368
Other
312
INCENTIVES VS. NO INCENTIVES
610
JOBS CREATED & RETAINED BY TYPE
$863 M
Total
$118 M
4,666
Total
2,520 247 Total 2,767
RETENTION
$745 M
587
OF JOBS AT RISK
4,079
$205 M
Total
$16 M
$189 M
3,034
587 Total 3,621
EXPANSION
OF EXISTING COMPANIES
KEY
1,045
Incentives
No Incentives
New
Jobs
New
Payroll
New Capital
Investment
ATTRACTION
OF NEW COMPANIES
ACTIVE PROJECTS BY STAGE
Sales Leads
274
39,148 JOBS
27,855 JOBS
$1.7 billion capital investment
22,094 JOBS
$558 million capital investment
Deals in
Negotiation
118
Offers of Incentives 40
Applications in Progress
19
$2.7 billion capital investment
4,599 JOBS
$891 million capital investment
SELECTED Q2 PROJECTS
Significant job and capital investment commitments were made
in every region and across all industries in Ohio during Q2.
Company
Region
Jobs
Created
Capital
Investment
Expansion/
New Location
Southeast
300
$192 million
New Location
Energy
Northeast
300
$250,000
New Location
Other
Northeast
250
$150 million
New Location
Energy
Southwest
200
$15 million
New Location
Food Processing & Agribusiness
Central
162
$76 million
Expansion
Financial Services
Southwest
150
$22 million
Expansion
Financial Services
Western
150
$4 million
Expansion
Biohealth
Southwest
142
$2 million
Expansion
Information Technology
Western
100
$19 million
New Location
Northwest
86
$10 million
Expansion
Automotive
Central
75
$9 million
Expansion
Consumer Products
Southeast
60
$10 million
New Location
Advanced Manufacturing
Southeast
50
$15 million
New Location
Advanced Manufacturing
Central
50
$4 million
New Location
Polymers & Chemicals
Northwest
33
$20 million
Consolidation
Consumer Products
Northwest
22
$22 million
Expansion
Advanced Manufacturing
Northeast
17
$20 million
Expansion
Advanced Manufacturing
Western
14
$1 million
Expansion
Aerospace & Aviation
JobsOhio Network Partners
Industry
Food Processing & Agribusiness
Summary of Q2 Results
What is JobsOhio?
business-minded Governor and a highly accomplished board
Visit our website at Jobs-Ohio.com to learn more.
Jobs-Ohio.com | 41 S. High Street, Suite 1500 | Columbus, OH 43215
(614) 224-6446 | contact@jobs-ohio.com
© 2011-2012 JobsOhio. All rights reserved.